On Friday, the RBI raised short-term lending and borrowing rates by 25 basis points to 5.50 per cent and 4 per cent, respectively.

Volatile trade in Anil Dhirubhai Ambani Group stocks after the merger of Reliance Natural Resources Ltd with Reliance Power influenced the trading sentiment as well. While Reliance Natural Resources' scrip fell by 25.92 per cent to Rs 47.15, Reliance Power gained 4.68 per cent to Rs 183.35.